of ultimatum games with children, teens and university students. We find that children and teens react systematically to … perceived intentions, like university students do. However, children and teens reject unequal offers much more often than … university students, indicating that outcomes are relatively more important than intentions for younger subjects. Hence, the …

Recent policy initiatives offer cash payments to children (and often their families) to induce better health and … educational choices. These policies implicitly assume that children are especially impatient (i.e., have high discount rates …); however, little is known about the nature of children's patience, how it varies across children, and whether children can even …

-year-olds (sixth and ninth graders) as well as for college students. Like adults, children accepted smaller o?ers when they did not … know how much was being divided. Older children required increasingly higher o?ers, except for college students who were …Recent research on ultimatum bargaining, the fact that children often confront and use ultimatums, and theories of …

. Children's choices are consistent with the underweighting of low-probability events and the overweighting of high …